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Results 1 - 10 of 16364 for brics development bank

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  1. Business - Economy

    As developed countries improve, the BRICs stumble

    Posted Oct 06th 2013, 12:49pm by AP

    ... and developing countries would finally be strengthening together as they did before the crisis. Now, hopes for a healthier worldwide economy have been dashed. The reasons for the slowdown in the BRICs, as the four biggest developing countries are known, are myriad, from a pullback in bank lending in China to crumbling infrastructure and rampant corruption in India. One constant: The cost of living ...

    http://www.scmp.com/business/economy/article/1325714/developed-countries-improve-brics-stumble
  2. Business - Economy

    Is South Africa the odd BRIC out?

    Posted Mar 21st 2013, 12:40pm by AFP

    ... will lead discussions on the establishment of a BRICS development bank and a range of other issues. But some question whether Zuma should even be at the table, never mind sitting at it’s head. South ... in global issues.” In South Africa, the BRIC nations get a democratic African voice that echoes their discontent with existing western-dominance of global institutions like the UN, World Bank ...

    http://www.scmp.com/business/economy/article/1196195/south-africa-odd-bric-out
  3. News - China

    Xi Jinping to visit South Africa

    Posted Mar 07th 2013, 09:42pm by AFP

    ... summit, BRICS leaders are expected to finalised plans to create a joint development bank and to discuss pooling their vast foreign currency reserves. Xi’s visit to South Africa is expected ... (March) there will be a state visit of China in Pretoria,” said spokesman Clayson Monyela. Xi will then attend a summit of the BRICS nations – Brazil, Russia, India, China and South Africa ...

    http://www.scmp.com/news/china/article/1185708/xi-jinping-visit-south-africa
  4. Business - Economy - SOCIETY

    Discontent hits BRIC nations as economic growth slows

    Posted Jul 24th 2013, 12:00am by Bloomberg

    ... (BRIC) have been slowing since 2010. Developing countries were punished more during downturns than their European counterparts, because they depended on growth to mitigate social tensions, said ... Bloomberg in Moscow and Brasilia Economic weakness pressures governments amid reliance on growth to ease social tensions Discontent hits BRIC nations as growth slows Stretched budgets ...

    http://www.scmp.com/business/economy/article/1289393/discontent-hits-bric-nations-economic-growth-slows
  5. News - World - DIPLOMACY

    Leaders of BRICS nations seen to launch a joint development bank

    Posted Mar 25th 2013, 12:00am by AFP

    ... the BRICS emerging nations are expected to launch a joint development bank to rival western-dominated institutions at a summit beginning tomorrow. The grouping of Brazil, Russia, India, China ... is also up for debate. Indian officials have pressed for a BRICS-led development bank, recycling budget surpluses into investment in developing countries. Many developing nations inside ...

    http://www.scmp.com/news/world/article/1198818/leaders-brics-nations-seen-launch-joint-development-bank
  6. News - World - POLITICS

    Bid to launch World Bank rival hits stumbling block

    Posted Mar 28th 2013, 12:00am by AFP

    ... Delhi a year ago. "We have decided to enter formal negotiations to establish a BRICS-led new development bank." The lacklustre outcome of the summit is likely to do little to counter ... contribution should be substantial and sufficient for the bank to be effective". President Xi Jinping said: "The potential of BRICS development is infinite." But he added: "The real ...

    http://www.scmp.com/news/world/article/1201370/bid-launch-world-bank-rival-hits-stumbling-block
  7. News - World - BRICS

    BRICS members reach deal on development bank

    Posted Mar 27th 2013, 12:58am by Agence France-Presse in Durban

    ... Agence France-Presse in Durban The BRICS grouping of emerging powers on Tuesday reached a deal to establish a development bank that would rival Western-backed institutions, South Africa’s ... details of the BRICS development bank are likely to be known. Diplomats say it could start with US$10 billion seed money from each country, but the exact role of the bank is up for debate. Indian ...

    http://www.scmp.com/news/world/article/1200635/brics-reach-deal-development-bank
  8. Comment - Insight & Opinion

    How they see it

    Posted Mar 31st 2013, 12:00am by STAFF

    ... with growing inequality and social tensions, corruption and poor governance, as well as the need for far-reaching political and economic reforms … The intention to launch a BRICS development bank ... Among the many initiatives that were approved by the BRICS countries at the end of the summit, the creation of a development bank, the founding of a foreign reserve pool and the establishment ...

    http://www.scmp.com/comment/insight-opinion/article/1203442/how-they-see-it
  9. Business - Comment - MONITOR

    BRICS bank will be a recipe either for moral hazard or redundance

    Posted Mar 28th 2013, 12:00am by Tom Holland

    ... compares with that of the established institutions. If the BRICS bank lends to developing countries on easier terms than the IMF or the World Bank, without insisting on reforms, or turning a blind ... Tom Holland The proposed lender of funds to promote growth in the emerging world sounds like a great idea at first, but we have seen the concept fail before BRICS bank a recipe either ...

    http://www.scmp.com/business/article/1201303/brics-bank-will-be-recipe-either-moral-hazard-or-redundance
  10. News - China - WORLD ECONOMY

    BRICS nations seek to establish rival to World Bank

    Posted Mar 27th 2013, 12:00am by AFP

    ... Agencies in Durban Emerging powers try to mould planned rival to World Bank to suit their own goals, putting focus on issues that divide them BRICS seek deal on development bank The BRICS ... pressed for a BRICS-led development bank that serves developing countries by recycling budget surpluses into investment in these nations. Many developing nations inside and outside the BRICS ...

    http://www.scmp.com/news/china/article/1200582/brics-nations-seek-deal-establish-rival-world-bank

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